Greenskies Clean Focus and Seminole Financial Services Celebrate 14 Years of Partnership to Accelerate Renewable Energy
North American Clean Energy | Staff
March 28, 2024
Greenskies Clean Focus (Greenskies), a national leader in renewable energy solutions, and Seminole Financial Services (Seminole), a leading financial services firm that specializes in providing debt capital for renewable energy projects, are delighted to celebrate fourteen years of partnership.
This landmark underscores the enduring commitment of both organizations to drive the growth of renewable energy infrastructure and contribute to a more sustainable future. While other solar developers and renewables lenders have come and gone, Greenskies and Seminole have consistently delivered exceptional results.
Over the years, Greenskies and Seminole have collaborated on several milestone projects, including:
2.2 MW of Commercial Rooftop Solar in Gainesville, FL
In 2010, Clean Focus deployed 2.2 MW of PV solar systems at six sites in Gainesville, FL – most notably 1.58 MW on top of Butler Plaza, the largest retail center in the Southeast. The combined system was the largest project to date under the Gainesville Regional Utility (GRU) feed-in tariff program. Seminole funded a $6.8 million construction loan.
22.16 MW of Ground Mount Solar across Cape Cod and Martha's Vineyard, MA
Three years later, in 2014, Clean Focus and Seminole worked together again on a 22.16 MW portfolio of ground-mounted solar for the Cape and Vineyard Electric Cooperative (CVEC). Clean Focus installed nine systems, seven at closed/capped "brownfield" landfills, throughout Cape Cod and Martha's Vineyard, Massachusetts, ranging in size from 587 kW to 5.91 MW. Seminole provided over $59 million in construction lending with another $29 million in permanent debt financing for these projects.
18.68 MW of Utility-Scale Solar in Waterford, CT
Greenskies and Seminole's most recent collaboration was last year on an 18.68 MW utility-scale project for Connecticut's Department of Energy and Environmental Protection (DEEP). Seminole provided $41.7 million of Construction debt for the project.
“The longevity of our partnership with Seminole Financial Services is exceptional. Founded in the same year, 2009, we quickly forged a partnership that endures today,” said Stanley Chin, President and CEO of Greenskies Clean Focus. “The collaborative nature of our work has made Seminole an invaluable partner. Greenskies proudly maintains ownership and operation of all our joint projects. We look forward to continuing our partnership to achieve even greater success.”
Seminole has established its reputation in the Renewable Energy industry by prioritizing relationships with developers across the country that are in need of consistent and flexible capital. “Our long-standing collaboration with Greenskies Clean Focus has only served to strengthen Seminole’s standing in the market,” said Chris Diaz, co-CEO of Seminole. “We feel fortunate to work with the exceptional talent at Greenskies Clean Focus to further our collective impact in the Renewable Energy sector and the community as a whole.”
Greenskies and Seminole remain committed to their strategic partnership and look forward to continuing their work together to accelerate the adoption of renewable energy and create a more sustainable future for all.
Greenskies Clean Focus | www.greenskies.com
Seminole Financial Services | www.seminolefs.com